Worldwide software developer pay trends: What factors matter?

Source:
Christopher Seero/TechTarget

Designer: Christopher Seero

Software developer pay trends vary widely around the world, a fact that reflects supply, demand and a whole host of other factors. It's clear that demand has exploded, as job postings for software developers in the U.S. have jumped nearly 90% in the last year. And universities are expected to graduate only 30% of projected demand for developers by 2020, making the shortfall even worse. But supply and demand are only part of the story.

Outsourcing has always been an option, but now with the shortage, it has once again become a popular short- or long-term go-to strategy for employers that might otherwise have projects waiting for the right employees. That outsourcing opportunity more than likely explains the higher work-at-home salaries in Belarus and the Ukraine, where a technology-and-engineering-oriented educational system has created lots of skilled software developers available to hire. To a lesser degree this is also true in Mexico, Argentina and Brazil where, again, skilled developers are being hired by outsourcing firms for jobs around the world.

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With more and more mobile demand this will keep growing. The others will still be needed though. I have been on some mobile site that are just a pain in the a** to use. I always go back to the desktop version. Is it a bad design on their end or do they just want to keep the data use to a minimum for their mobile apps? Currently I'm bridging to gaps in the coding world and looking to start a third. It never hurts to have many avenues to go down when an opportunity arises.

All pay figures aside , the big thing i'm hearing is healthcare benefits. I'm in a high deductible health plan and now pay on top of the premiums almost $4,000 a year before any thing is covered. No Rx coverage which runs me about $500-600 mo. My sister on the other hand has a great plan and the Rx cost for my niece went from $1700.00 mo down to $10.00... yes $10.00 !! Benefit plans may be a swaying factor in hiring and keeping your current employees.